1123 N Stoneman Avenue, Alhambra, CA 91801 (MLS # AR26190554)

Price $1,380,000
Status Active
Beds 3
Baths 2 Baths
Home size 1,389 sqft
Lot Size 9,588 sqft
Days on Market 8
Developer's Opportunity! Location, Location, Location! Rare Land-Value Offering in Prestigious North Alhambra! An exceptional redevelopment opportunity awaits in the highly desirable Bean Tract of North Alhambra, ideally positioned near the borders of San Marino and South Pasadena. Set on a deep lot within one of Alhambra's most sought-after residential neighborhoods, this R-3-zoned property presents outstanding potential for a thoughtfully designed multifamily development. The seller has prepared a conceptual site plan. It subject to all applicable requirements and City approval. Conceptual plans and additional development information are available in the listing supplements for review. The property is currently improved with a three-bedroom, two-bathroom residence and is offered for land value in its present "AS IS" condition. The property is tenant-occupied. Drive-by only"”please do not enter the property or disturb the occupants. The premier location offers convenient access to upscale shopping, dining, schools, parks, and major transportation routes, with excellent connectivity to San Marino, South Pasadena, Pasadena, and Downtown Los Angeles. This distinguished offering represents a rare opportunity for developers, builders, and investors to create a desirable residential community in a prime North Alhambra setting. Buyer and buyer's representatives are advised to independently verify zoning, allowable density, development standards, conceptual plans, square footage, parking requirements, California Density Bonus eligibility, City requirements, and all other development possibilities with the City of Alhambra and appropriate professionals. No representation or guarantee is made regarding the feasibility, entitlement, or approval of any proposed development.
Property Type(s): Single Family
Last Updated 9/3/2026 Year Built 1939
Community 601 - Alhambra Garage Spaces 2.0
County Los Angeles

Additional Details

AIR None
AREA 601 - Alhambra
GARAGE Yes
HEAT Wall Furnace
LOT 9588 sq ft
LOT DESCRIPTION Front Yard
LOT DIMENSIONS 9588
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
VIEW Yes
VIEW DESCRIPTION Mountain(s), Neighborhood
WATER Public

Location

 

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Listed with Re/Max Premier Properties

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